The town of Bolingbrook,
Illinois is situated in both DuPage
and Will County. This is a peaceful suburban community where busy professionals find
a quiet haven and families thrive. Bolingbrook is a bedroom community that rests
just outside of the bustling city of Chicago, giving residents here a seemingly
endless array of dining, nightlife, entertainment and employment options.
It is easy to travel the approximately thirty miles to Chicago, as Bolingbrook lies
at the convergence of I-55 and I-355. Many residents here choose to work in the
city and live in the suburbs. Other lucky locals forgo the commute, choosing
instead to work in within Bolingbrook's thriving local economy.
No matter which they choose, Bolingbrook is certainly growing in size. There are
currently around 64,000 residents living in town. With so many families in the
area, the community now has one of the youngest average populations in all of
Illinois. These youngsters tend to be involved in a lot of recreational activities
and organized sports leagues, lending the unofficial moniker of "Tee-Ball Capital"
to the town.
Bolingbrook also boasts an incredibly strong local economy. The town has attracted a
significant number of new businesses to the area. New construction has provided
thousands more square footage of office, commercial, and retail space in and around
the community. Bolingbrook is also a retail hub for the surrounding region, with
its many shopping malls and specialty stores known for miles around.
Both the city and its residents benefit from so much commercial activity going on.
In fact, with a healthy bottom line, the city recently announced that it was
lowering its residents' property tax to an all-time low. For residents, this
means a property tax rate in the coming year that is actually lower than it was in
1987!
With its affordable cost of living, great tax rates, and a diverse housing market,
the vast majority of locals here choose to own rather than rent their homes. This
is the kind of town where your home buying dollar simply goes much further. And
residents have also experienced a steady appreciation of their homes' values,
making the decision to own real estate a smart one indeed.
Recent real estate reports indicate that Bolingbrook's real estate market currently
starts at just around $98,000 for a unit in a multi-family complex, such as a
condominium or town house. A typical three-bedroom, two-bath single-family style
home now starts at around $160,000, with the median price for this type of real
estate selling for around $200,000. For those seeking truly executive-style digs,
Bolingbrook's real estate prices currently top out at just under $2,400,000 for a
spectacular five-bedroom, five-bath home on over an acre of land.
You will find a variety of housing styles throughout town. Whether you are seeking
the lower maintenance option of a condominium building, or a newly-built
single-family home, you will find something to suit every taste, budget and
lifestyle in Bolingbrook.
If you are thinking about moving, consider all that Bolingbrook,
Illinois has to
offer! To learn more, simply request our free relocation packet today.
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